AUD/USD may fall 6 - 21 pips

Pivot

0.6675

Our preference

Short positions below 0.6675 with targets at 0.6640 & 0.6625 in extension.

Alternative scenario

Above 0.6675 look for further upside with 0.6695 & 0.6710 as targets.

Comment

As long as the resistance at 0.6675 is not surpassed, the risk of the break below 0.6640 remains high.

Supports and resistances

0.6710

0.6695

0.6675

0.6646 Last

0.6640

0.6625

0.6605

Number of asterisks represents the strength of support and resistance levels.